The trading platform has been very convenient and easy to navigate. I also love how cost-effective this platform is, the broker has beginners in mind. An account manager is available with all of LimeFx’s trading accounts. When limefx company reviews we used LimeFx, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. LimeFx also offers the Cent account with which clients can start with fewer funds and smaller lot sizes.
LimeFx Customer Service
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The broker offers you to choose among multiple chart and order types, manage orders, positions & equity online, use advanced charting and indicators and more. Traders must ensure they execute risk management to avoid magnified losses. LimeFx offers negative balance protection, meaning traders can never lose more than their deposits.
- Each idea underscores a currently unfolding trading setup – a bullish or bearish pattern, such as the ‘Engulfing Line (Bullish)’ shown below.
- LimeFx also offers the Cent account with which clients can start with fewer funds and smaller lot sizes.
- If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on.
- With no need to download anything on your desktop or your mobile devices, you can directly trade from your browser with the MT4 Webtrader.
- Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
LimeFx is scam broker pls stay from it
You have to scroll through the entire list of available instruments in order to find the asset you are looking for, which I find tedious and unnecessary. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for https://limefx.name/ holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. In our reviews, we examine the licenses and regulations of each entity operated by a broker. This allows us to compare their different levels of protection.
Support
The company serves traders globally and is regulated in several jurisdictions, including FCA and FSCA, along with one unregulated entity. Live news feed helps traders stay on top of the latest market developments. Each piece is light and easy to grasp, containing no more than 2-3 sentences. This type of content is not intended to delve deep into the subject matter but rather to help traders screen potential opportunities as they emerge.
I am glad that I once tried services…
However, any account that has been inactive for 90 days and has an account balance of up to 1 cent of any currency will be achieved. Also, LimeFx reserves the right to apply a 3% ‘no trading’ fee when a trader has deposited and requested to withdraw funds without ever entering one trade. LimeFx offers Metatrader 4 and 5 but no dedicated or proprietary trading platform. Social and copy trading options are limited, with no dedicated third-party platform. They do offer a Mirror account, but that’s a hedging tool, not a social trading interface. The website Trader’s Dashboard shows the positioning of other clients, updated hourly, but account holders will need to use Metatrader’s limited social functionality to take advantage of the information.
I achieved great progress just by following their webinars.Also, what keeps me here is their constant improvements and introducing new features. The Vip trading room is a relatively new offer and it is incredibly useful.I recommend checking it out. I always pay attention to the reliability of brokerage companies because there are thousands of brokers and many of them do not deserve to provide the services to customers. I have never thought that I would once benefit from contacting client support nowing that I have 3 years of experience at trading. Indeed, I got stuck with the virifcaiton, cuz there was something wrong and guys couldn’t process my documents. But due to client suupport I understood that I made a misprint and this was the reason why the process delayed.
I would personally have no issue in trusting them with my funds and can therefore trade without worrying. LimeFx services over 1.2 million clients in 180 countries around the world, providing 300 tradable instruments from 6 asset classes. In addition to an online chat feature, LimeFx gives clients access to 24/5 client support in 45 different languages. I think the right answer to this question is the abundance of services it offers. I have had a consistent level of quiality from this broker. The trading infrastructure does not have any bugs or glitches and trades are executed excellently all the time.
In addition, the broker offers daily, updated educational and market news delivered by a multi-lingual professional research team. Entering the financial markets with LimeFx is simple, transparent and supportive for all levels of investors. For Forex Trading and other CFDs, MetaTrader 4 is the yet unmatched leader of trading platforms and the most popular choice of online traders and investors. Gain instant access to over 200 instruments from 6 different asset classes; all on a single platform. Choose from MetaTrader 4, MetaTrader 4 Web Trader and our proprietary Personal Multi Account Manager (PMAM). All with standard or custom Virtual Private Server (VPS) Hosting upon request.
All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations. You can withdraw funds from LimeFx by logging into your account and submitting a withdrawal request. LimeFx offers several withdrawal methods, including bank transfers, credit/debit cards, and e-wallets. Withdrawal processing time may vary depending on the chosen method and the time of day the request is submitted. LimeFx provides 24/5 customer support through email and live chat to all the users and active clients from 180+ countries. Moreover, you can get the answer in more than 30 different languages.
I was given an account manager ( Nemanja ) who contacted me to advise what would be happening. First week there were small gains and losses then in 24hrs all gone, account empty. LimeFx is a forex and CFD broker that is headquartered in Cyprus and also has offices in the UK, South Africa, and elsewhere.
At LimeFx we offer competitive conditions to ensure our clients’ satisfaction during their online trading journey by helping them uncover all opportunities offered to them. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. LimeFx is an online, multi-asset broker best known for forex trading. Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips.
These do charge a very competitive commission which varies depending on the level of the account. In general, the more you deposit, the lower the commission will be. I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile. The broker is regulated in multiple jurisdictions by some top-tier regulators. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics. Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity.
Also I’m only going with higher timeframes, never scalping.The educational materials here have been incredible in helping me find a footing. LimeFx offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options. However, its total tradeable symbols are far below the industry average of 3,623.